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Noble Energys Bright exploration well in deepwater Gulf of Mexico plugged

2014-08-18 01:00:00| Offshore Technology

Noble Energy has said that the BP-operated Bright exploration well in the deepwater Gulf of Mexico did not encounter any hydrocarbons after reaching the targeted Upper and Middle Miocene objectives.

Tags: mexico bright noble exploration

 

Gastar Exploration Announces Borrowing Base Increase

2014-08-14 05:20:26| Logistics - Topix.net

The previously announced increase in our budgeted capital spending is a direct reflection of our successful drilling efforts in the first half of 2014 and our continuing ability to identify additional reserves and increase production in both our Appalachia and Mid-Continent plays."

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Madrid approves $10bn oil exploration project in Canaries despite protests

2014-08-13 23:47:00| Oil & Gas - Topix.net

Spain's biggest oil company Repsol has passed its final hurdle to begin exploring oil reserves off the coast of the Canary Islands, Africa's northwest waters.

Tags: project oil madrid exploration

 

Zacks Upgrades Gastar Exploration to "Outperform"

2014-08-12 00:50:21| Logistics - Topix.net

The firm currently has a $7.80 target price on the stock. Zacks 's price objective would suggest a potential upside of 4.84% from the stock's previous close.

Tags: exploration upgrades outperform gastar

 

Loews Corp. Will Sell HighMount Exploration & Production

2014-08-11 17:18:00| OGI

The sale to an undisclosed buyer is a result of 'a decline in natural gas prices,' Bloomberg said.

Tags: sell production corp exploration

 

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